Barry Sheerman
Main Page: Barry Sheerman (Labour (Co-op) - Huddersfield)Department Debates - View all Barry Sheerman's debates with the Leader of the House
(12 years, 10 months ago)
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Mr Barry Sheerman (Huddersfield) (Lab/Co-op)
The Leader of the House will know that there is increasing evidence of economic and financial warfare being waged against companies in this country—indeed, against Governments—involving the manipulation of interest rates and currencies. The Government are aware of this, but there is no joined-up reaction to it. Are we coping with it and doing our best to combat it? May we have an early debate, so that we can enlighten some Members on just how worrying this economic warfare is?
Sir George Young
We are debating the Finance Bill for two days next week, including on Third Reading. It may be appropriate for the hon. Gentleman to raise the subject in those debates. However, in the meantime I will alert my Treasury colleagues to his concern and see whether we can take any additional action to prevent the sort of manipulation to which he refers.